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Ayala Q1 profit flat as property business slows

Corporate Context.ph Context.ph -
Ayala Corporation on Wednesday reported nearly flat earnings in the first quarter as weaker property sales at Ayala Land, Inc. weighed on overall results.

DICT: Two US satellite firms to launch in PH this year

Communications & Technology Context.ph Context.ph -
The Department of Information and Communications Technology (DICT) said Wednesday two US-based satellite internet providers are expected to begin operations in the Philippines within the year, signaling a major push to improve internet access and lower connectivity costs nationwide.

Globe restores services after fiber cuts disrupts Metro Manila network

Communications & Technology Context.ph Context.ph -
Globe Telecom said it has fully restored mobile and broadband services in Metro Manila and parts of Luzon after a major network disruption caused by multiple fiber optic cable cuts on May 12.

FinVolution launches luvit Card  for Filipino consumers

Banking & Insurance Context.ph Context.ph -
FinVolution Group is making its mark in the Philippines with the launch of the luvit Card, an installment-enabled payment solution designed to make everyday spending more flexible and accessible for Filipinos.

Filipino workers thrive on purpose, growth, happiness 

Lifestyle Context.ph Context.ph -
Filipino employees rank among the happiest in the Asia-Pacific, driven more by meaningful work and career growth than by paychecks, according to Jobstreet by SEEK’s latest report.
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DA expands Isabela LGU tie-up to boost ube production, raise farmer incomes

Agriculture 0
The Department of Agriculture is strengthening its partnership with local government units and private stakeholders to scale up ube production, meet rising global demand, and create more export opportunities for Isabela farmers.

GSIS opens new Dagupan branch

Corporate Bulletins 0
The Government Service Insurance System or GSIS has opened its new Dagupan branch, replacing the old facility that had served the province since 1961. The new office at Cityscape Lifestyle Center is flood-free, more spacious, and modern, serving over 73,000 members and pensioners across Pangasinan.

September WESM prices rise 3.1% nationwide, set to reflect in October bills

Energy & Mining 0
Electricity prices at the Wholesale Electricity Spot Market climbed 3.1 percent in September, according to the Independent Electricity Market Operator of the Philippines. The Independent Electricity Market Operators of the Philippines or IEMOP reported Tuesday that the national average hit P7.43 per kilowatt-hour as of September 25, up from August’s P7.21 per kWh. It said the rates will be used to calculate spot-market electricity costs billed this October.

Rockwell joins expanded 4PH to widen homeownership access

Property 0
Rockwell Land Corp. has joined the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, agreeing to offer preferential housing prices and incentives to qualified Pag-IBIG Fund members as the administration seeks to widen access to homeownership among working- and middle-class Filipinos.
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